With all this talk about interest rates and the economy many economist have been warning that we’re heading towards another market correction and the latest labor reports show that our economy may have peaked. The Federal government has made it clear that they will be increasing the federal interest rate a few more times this year. So now would be a good time to take advantage of the current low mortgage interest rates. This on the other hand could also mean that if there was another correction then it could decrease some property values, but what many of our clients are well aware of is that the real estate market in California will always be in demand.
We’re Currently in a sellers market and with the limited supply of properties it can sometimes feel like you’re continuously being priced out of the home that you really want. Mike and Mario are here to make sure that you’re not wasting your time when you’re searching for your home. Whenever our clients are interested in making and offer or when listing their properties we run our own market analysis to make sure that our clients are really pricing their properties and offering at the right market price.
We’ve seen what has been going on in the current market and with almost 20% of the new listings being over priced it’s now more crucial that you have someone who will be looking out for your best interest. There are pockets that we have pinpointed and believe to be value buys for investors and anyone looking to purchase a second home. Please contact us if you’re interest to learn more about our strategy and on how we spend our time efficiently to make sure that you’re making the right choice for you. For a consultation please email us or call us. Mike Villella and Mario Quezada are here for you.